#Nifty
For 01-07-2020
Support for Nifty comes at 10260-10200-10150
Resistance for Nifty comes at 10350-10410-10500
BankNifty
Support for BankNifty comes at 21210-21000-20650
Resistance for BankNifty comes at 21500-21650-21807
Nifty all rallies to 10400 were sell and after making a high of 10401 it went all the way to 10267 just below the first support of 10280. Power of technicals.
For tomorrow again we will sell Nifty at 10350 and 10400 with same SL of 10440. Fresh sell now below 10200 for target of 10150-10100. Buy only close above 10500.
BankNifty was sell around 21500-21600 with SL of 21800 and after making a high of 21650 it moved down to 21212. However i don't traded in Banknifty. For the day first support was 21210 and Banknifty made a low of 21212. Power of technicals.
For tomorrow again all rallies to 21600 can be used for sell with SL of 21800 for target of 21300-21200. BankNifty fresh sell will be below 21000 for target of 20700-20500-20300.
BankNifty fresh buy only above 22000.
Disclosure: I don't have any position in Nifty and BankNifty futures.
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